Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Short Interest Up 84.3% in May

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 516 shares, an increase of 84.3% from the April 30th total of 280 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 1,473 shares, the short-interest ratio is presently 0.4 days.

Leatherback Long/Short Alternative Yield ETF Price Performance

Shares of NYSEARCA LBAY opened at $25.40 on Thursday. The firm has a fifty day moving average price of $26.48 and a 200-day moving average price of $25.98. The stock has a market cap of $19.05 million, a PE ratio of 17.38 and a beta of 0.29. Leatherback Long/Short Alternative Yield ETF has a 1 year low of $23.44 and a 1 year high of $29.03.

About Leatherback Long/Short Alternative Yield ETF

The Leatherback Long\u002FShort Alternative Yield ETF (LBAY) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is actively managed, seeking to provide monthly income and capital appreciation. The portfolio will generally be 75% – 110% net long LBAY was launched on Nov 16, 2020 and is managed by Leatherback.